OPEN-SOURCE SCRIPT
Structure Weaver [JOAT]
Weaves raw price into readable market structure — swing labels, structure breaks, and a premium/discount dealing range.
◆ WHAT IT IS
Structure Weaver reads price the way a discretionary trader maps it: it classifies each confirmed swing, marks where structure genuinely breaks, and frames the active range into zones of relative value. It is a pure context tool for understanding trend and location — it does not print buy/sell signals.
This is 100% original code, written from scratch. It does not copy any other market-structure script.
◆ HOW IT WORKS
1. Swing classification. Confirmed swing points (using your chosen strength) are labelled live as:
• HH higher high, HL higher low — bullish rhythm
• LH lower high, LL lower low — bearish rhythm
Reading these in sequence is the foundation of trend structure.
2. Structure breaks — BOS and CHoCH. When price breaks the last confirmed swing, the tool stitches a labelled thread and distinguishes two cases:
• BOS (Break of Structure) — a break in the direction of the existing trend: continuation
• CHoCH (Change of Character) — the first break against the trend: a potential shift in control
You choose whether breaks confirm on a close or a wick.
3. The dealing range. The span between the last confirmed swing low and high is shaded into:
• Premium — the upper zone (expensive relative to the range)
• Equilibrium — a central band around the 50% level
• Discount — the lower zone (cheap relative to the range)
This gives every pullback objective context — are you buying in discount or chasing in premium.
◆ WHAT YOU SEE
• Live HH / HL / LH / LL swing labels
• BOS (solid) and CHoCH (dashed) structure threads, oldest recycled to keep the chart clean
• A shaded Premium / Equilibrium / Discount dealing range with an equilibrium line
• A resizable dashboard showing the current structure bias, the last event and its age, a BOS/CHoCH tally, the active swing high/low with holding-or-taken status, and where price sits in the range with a position gauge
◆ HOW TO USE IT
• Read the swing sequence and structure color for trend bias; a CHoCH is your earliest warning that control may be changing hands.
• Favor entries from discount in an uptrend and from premium in a downtrend, using equilibrium as the pivot.
• A BOS in trend direction is continuation confirmation.
• Works on all symbols and timeframes. Increase swing strength to weave only major structure; lower it for finer detail.
◆ NOTES & LIMITATIONS
Because swings are only confirmed once the required bars have printed on both sides, labels and breaks appear after that confirmation — this is by design and avoids repainting on already-closed structure. It is a context tool, not financial advice, and does not predict direction on its own. Combine it with your own method and risk management.
— made with passion by officialjackofalltrade
◆ WHAT IT IS
Structure Weaver reads price the way a discretionary trader maps it: it classifies each confirmed swing, marks where structure genuinely breaks, and frames the active range into zones of relative value. It is a pure context tool for understanding trend and location — it does not print buy/sell signals.
This is 100% original code, written from scratch. It does not copy any other market-structure script.
◆ HOW IT WORKS
1. Swing classification. Confirmed swing points (using your chosen strength) are labelled live as:
• HH higher high, HL higher low — bullish rhythm
• LH lower high, LL lower low — bearish rhythm
Reading these in sequence is the foundation of trend structure.
2. Structure breaks — BOS and CHoCH. When price breaks the last confirmed swing, the tool stitches a labelled thread and distinguishes two cases:
• BOS (Break of Structure) — a break in the direction of the existing trend: continuation
• CHoCH (Change of Character) — the first break against the trend: a potential shift in control
You choose whether breaks confirm on a close or a wick.
3. The dealing range. The span between the last confirmed swing low and high is shaded into:
• Premium — the upper zone (expensive relative to the range)
• Equilibrium — a central band around the 50% level
• Discount — the lower zone (cheap relative to the range)
This gives every pullback objective context — are you buying in discount or chasing in premium.
◆ WHAT YOU SEE
• Live HH / HL / LH / LL swing labels
• BOS (solid) and CHoCH (dashed) structure threads, oldest recycled to keep the chart clean
• A shaded Premium / Equilibrium / Discount dealing range with an equilibrium line
• A resizable dashboard showing the current structure bias, the last event and its age, a BOS/CHoCH tally, the active swing high/low with holding-or-taken status, and where price sits in the range with a position gauge
◆ HOW TO USE IT
• Read the swing sequence and structure color for trend bias; a CHoCH is your earliest warning that control may be changing hands.
• Favor entries from discount in an uptrend and from premium in a downtrend, using equilibrium as the pivot.
• A BOS in trend direction is continuation confirmation.
• Works on all symbols and timeframes. Increase swing strength to weave only major structure; lower it for finer detail.
◆ NOTES & LIMITATIONS
Because swings are only confirmed once the required bars have printed on both sides, labels and breaks appear after that confirmation — this is by design and avoids repainting on already-closed structure. It is a context tool, not financial advice, and does not predict direction on its own. Combine it with your own method and risk management.
— made with passion by officialjackofalltrade
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
The Institutional Grade Trading Ecosystem, Built to win trades 📈
Get Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Get Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
The Institutional Grade Trading Ecosystem, Built to win trades 📈
Get Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Get Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.